Southern Asia: Market for Flours, Meals And Pellets Of Meat Or Meat Offal 2024

Market Size for Flours, Meals And Pellets Of Meat Or Meat Offal in Southern Asia

The South Asian meat meals and pellets market contracted modestly to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Flours, Meals And Pellets Of Meat Or Meat Offal in Southern Asia

In value terms, meat meals and pellets production dropped modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Exports of Flours, Meals And Pellets Of Meat Or Meat Offal

Exports in Southern Asia

In 2022, overseas shipments of flours, meals and pellets of meat or meat offal were finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, meat meals and pellets exports surged to $X in 2022. Overall, exports, however, faced a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

India represented the largest exporting country with an export of about X tons, which accounted for X% of total exports. It was distantly followed by Pakistan (X tons), achieving a X% share of total exports. Sri Lanka (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to meat meals and pellets exports from India stood at X%. At the same time, Sri Lanka (X%) and Pakistan (X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. Pakistan (X p.p.) and Sri Lanka (X p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, India ($X) remains the largest meat meals and pellets supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Pakistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Pakistan (X% per year) and Sri Lanka (X% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price, however, saw a mild setback. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced a decline in the export price figures.

Imports of Flours, Meals And Pellets Of Meat Or Meat Offal

Imports in Southern Asia

For the third consecutive year, Southern Asia recorded decline in supplies from abroad of flours, meals and pellets of meat or meat offal, which decreased by X% to X tons in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, meat meals and pellets imports contracted to $X in 2022. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Sri Lanka represented the largest importing country with an import of about X tons, which reached X% of total imports. Bangladesh (X tons) ranks second in terms of the total imports with a X% share, followed by Bhutan (X%). Pakistan (X tons) and Afghanistan (X tons) held a minor share of total imports.

Imports into Sri Lanka increased at an average annual rate of X% from 2012 to 2022. At the same time, Afghanistan (X%), Pakistan (X%) and Bhutan (X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Bangladesh (X%) illustrated a downward trend over the same period. While the share of Sri Lanka (X p.p.), Bhutan (X p.p.), Pakistan (X p.p.) and Afghanistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Bangladesh (X p.p.) displayed negative dynamics.

In value terms, Sri Lanka ($X) constitutes the largest market for imported flours, meals and pellets of meat or meat offal in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

In Sri Lanka, meat meals and pellets imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and Pakistan (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat meals and pellets import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per ton), while Bhutan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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